Iowa Sample Letter for UCC-3 Termination Statement

• Category: Letters - Legal - UCC
• State: Multi-State
• Control #: US-0186LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, Zip] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Title] [Bank/Financial Institution's Name] [Address] [City, State, Zip] Subject: UCC-3 Termination Statement for [Debtor's Name], File Number [UCC-3 File Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to request the termination of the UCC-3 Financing Statement filed under [Debtor's Name] with the Iowa Secretary of State. The purpose of this termination statement is to release and discharge any claim or interest your bank/financial institution may have had on the debtor's collateral. I have attached the necessary documents related to the termination statement, including: 1. UCC-3 Termination Statement: This is the official form required to terminate the UCC-3 Financing Statement. It provides details and identifies the debtor, secured party, and filing information, including the file number. 2. UCC-1 Financing Statement: This document serves as proof of the original filing of the UCC-3 Financing Statement and should be included for reference purposes. 3. Certificate of Satisfaction: If applicable, please find attached the Certificate of Satisfaction, indicating the full and final payment of the debt secured by the collateral. To ensure prompt processing and avoid any delays, please carefully review the attached documents for accuracy and completeness. Kindly initiate the termination of the UCC-3 Financing Statement within [insert number of days] business days and confirm its completion via email or phone. Should you have any questions or require additional information, please do not hesitate to contact me at [your phone number] or [your email address]. I would appreciate your prompt attention to this matter, as it is crucial for the debtor's business operations. Thank you for your cooperation and prompt action in advance. I look forward to receiving confirmation of the UCC-3 Termination Statement's completion. Sincerely, [Your Name]

[Your Name] [Your Address] [City, State, Zip] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Title] [Bank/Financial Institution's Name] [Address] [City, State, Zip] Subject: UCC-3 Termination Statement for [Debtor's Name], File Number [UCC-3 File Number] Dear [Recipient's Name], I hope this letter finds you well. I am writing to request the termination of the UCC-3 Financing Statement filed under [Debtor's Name] with the Iowa Secretary of State. The purpose of this termination statement is to release and discharge any claim or interest your bank/financial institution may have had on the debtor's collateral. I have attached the necessary documents related to the termination statement, including: 1. UCC-3 Termination Statement: This is the official form required to terminate the UCC-3 Financing Statement. It provides details and identifies the debtor, secured party, and filing information, including the file number. 2. UCC-1 Financing Statement: This document serves as proof of the original filing of the UCC-3 Financing Statement and should be included for reference purposes. 3. Certificate of Satisfaction: If applicable, please find attached the Certificate of Satisfaction, indicating the full and final payment of the debt secured by the collateral. To ensure prompt processing and avoid any delays, please carefully review the attached documents for accuracy and completeness. Kindly initiate the termination of the UCC-3 Financing Statement within [insert number of days] business days and confirm its completion via email or phone. Should you have any questions or require additional information, please do not hesitate to contact me at [your phone number] or [your email address]. I would appreciate your prompt attention to this matter, as it is crucial for the debtor's business operations. Thank you for your cooperation and prompt action in advance. I look forward to receiving confirmation of the UCC-3 Termination Statement's completion. Sincerely, [Your Name]